Ritholtz's Reads: What Hedge-Fund Guys Make in Bad Years

Barry Ritholtz is a Bloomberg View columnist. He founded Ritholtz Wealth Management and was chief executive and director of equity research at FusionIQ, a quantitative research firm. He blogs at the Big Picture and is the author of “Bailout Nation: How Greed and Easy Money Corrupted Wall Street and Shook the World Economy.”
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I'm flying to Miami, so here are your morning plane reads:

• Howard Marks, Oaktree founder, attacks hedge fund fees (FTsee also What Hedge Fund Managers Make in a Bad Year (CIO

• China Enters Bull Market (WSJ

• This is no zombie economy (USAT) Yellen: December Interest Rate Increase Is ‘a Live Possibility’ (NYT

• This Is the Worst U.S. Earnings Season Since 2009 (Bloombergsee also Earnings Season in U.S. Is Turning Into ‘Adjusted Ebitda’ Season (Bloomberg

• Municipal Bonds Shine in Bleak Landscape (WSJ

• The Lure of Luxury (Boston Review

• Khamenei Clarifies: “Death to America” Is Nothing Personal, Guys (Slate

• Facebook Prods Users to Share a Bit More as new content postings slip (WSJsee also Essena O’Neill quits Instagram, claiming social media ‘is not real life’ (The Guardian

• Don’t believe the Democratic Party is in crisis? Then read this tweet. (Vox

• Exxon Predicted Today’s Cheap Solar Boom Back in the 1980s (Bloombergsee also What Economists Don’t Get About Climate Change (Bloomberg View

What are you reading? 

EU Nudges Up Growth Forecasts on Low Oil Prices, Easy Money

 Source: Wall Street Journal  

This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.

To contact the author of this story:
Barry L Ritholtz at britholtz3@bloomberg.net

To contact the editor responsible for this story:
James Greiff at jgreiff@bloomberg.net